Monthly Archives: August 2016

It’s What I Do

It’s What I Do

War photographer Lynsey Addario?s memoir It?s What I Do is the story of how the relentless pursuit of truth, in virtually every major theater of war in the twenty-first century, has shaped her life. What she does, with clarity, beauty, and candor, is to document, often in their most extreme moments, the complex lives of others. It?s her work, but it?s much more than that: it?s her singular calling. Lynsey Addario was just finding her way as a young photographer when September 11 changed the world. One of the few photojournalists with experience in Afghanistan, she gets the call to return and cover the American invasion. She makes a decision she would often find herself makingnot to stay home, not to lead a quiet or predictable life, but to set out across the world, face the chaos of crisis, and make a name for herself. Addario finds a way to travel with a purpose. She photographs the Afghan people before and after the Taliban reign, the civilian casualties and misunderstood insurgents of the Iraq War, as well as the burned villages and countless dead in Darfur. She exposes a culture of violence against women in the Congo and tells the riveting story of her headline-making kidnapping by pro-Qaddafi forces in the Libyan civil war. Addario takes bravery for granted but she is not fearless. She uses her fear and it creates empathy; it is that feeling, that empathy, that is essential to her work. We see this clearly on display as she interviews rape victims in the Congo, or photographs a fallen soldier with whom she had been embedded in Iraq, or documents the tragic lives of starving Somali children. Lynsey takes us there and we begin to understand how getting to the hard truth trumps fear. As a woman photojournalist determined to be taken as seriously as her male peers, Addario fights her way into a boys? club of a profession. Rather than choose between her personal life and her career, Addario learns t

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The Effect of Tough Economic Times

To understand the effects that tough economic times have on the stock market, it is important to speak about what is an economic slowdown or “recession.” As defined, recession is the decline in the gross domestic product (GDP) growth of a country for two or more consecutive quarters of a year. However, the effects of recession are visible to all since several quarters before it actually happens, as the economy slowly “dries up.” We have seen even by historical facts and figures that a bullish and growing economy is always followed by a bearish market trend. On an average, if the economy has flourished for 6-10 years it is normally followed by a period of negative growth of 6 months to 2 years.

Effects of a recession can be varied; it impacts the stock market in a very big way and gives rise to several other consequences.

Stock Market:

The stock market and recession is very closely linked as the stock index reflects the buoyancy of the economy. Recession can cause the stock market to crash indicating tough economic times ahead. This leads to reduced share prices, lower profitability, and lower dividends. Share prices decline even ahead of a recession, which is bad news for the stock market. The stock market is said to be “falling.”

Consumer Confidence:

During a recession, consumers lose confidence in the growth of the economy and spend less. This leads to a sharp decline in the consumer demand. This also means less investment in stock trading.


Yet another fearful outcome of the stock market crash is unemployment. Companies lose millions when the stock market crashes. Some companies, even big names, can go bankrupt due to this. This creates a rise in the unemployment. People are laid off by organizations in order to bring stability and suffice for the losses incurred as an effect of the recession.

Government Borrowing:

Recession also leads to a sharp decline in the government budget due to low tax revenue (income tax, corporation tax, etc.). The government also tries to reduce the woes of the people through increased spending on unemployment benefits. Thus, this affects the economy as a whole.


Another effect of the economic meltdown is reduced demand leading to reduced wage inflation. Thus, the inflation rates decline sharply.


Investments are impacted is a grave manner at times of recession. With declining consumer confidence, investments in both the stock market as well as other sectors, such as the real estate, reduce to a minimum.

Profitability of Businesses:

Companies have to really struggle hard to survive the credit crunch in the money market. Small and large organizations may be wiped out completely by the effects of a prolonged recession.

Other effects include the increase in the number of repossessions by homeowners, reduced percentage of mortgage lending, reduced credit for consumers, decline in the pension schemes offered, salary cuts for employees, etc. However, on a positive note, this may be an opportunity for investors to buy shares at low prices and gain profits in the long term. Also, it must be kept in mind that recessions do not last forever. A downturn in the stock market is always followed by an upheaval and a bullish market. This leads to the recovery of the economy as a whole.

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Hello America! An International Debate on the Events Leading to the War in Iraq

Hello America! An International Debate on the Events Leading to the War in Iraq

Hello America! An International Debate on the Events Leading to the War in Iraq

When Jim Burho’s daughter emailed him an anti-war, anti-American polemic she had been sent by a Norwegian friend, which originated from a prominent Norwegian television journalist, he felt he could not let it pass unchallenged. He was compelled to respond to and refute at least the most exaggerated and biased positions. When he did so, he was drawn into an extensive Internet debate over the then imminent American invasion of Iraq. Jim has written a unique non-fiction book, which chronicles tha

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Understanding the U.S. Wars in Iraq and Afghanistan

Understanding the U.S. Wars in Iraq and Afghanistan

Understanding the United States’ wars in Iraq and Afghanistan is essential to understanding the United States in the first decade of the new millennium and beyond. These wars were pivotal to American foreign policy and international relations. They were expensive: in lives, in treasure, and in reputation. They raised critical ethical and legal questions; they provoked debates over policy, strategy, and war-planning; they helped to shape American domestic politics. And they highlighted a profou

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